changes in modelling strategy and econometric methodology, over the past twenty years, on estimation of firm-level investment … correction, traditional between- and within-firm estimation versus GMM estimation, the investment behavior of French firms versus … significant improvement in the specification, estimation and interpretation of firm investment equations; we also fin some real …

This paper extends my research applying statistical decision theory to treatment choice with sample data, using maximum … in indirect ways, the former applying classical statistical theory and the latter measuring prediction accuracy in test … samples. Neither approach is satisfactory. Statistical decision theory provides a coherent, generally applicable methodology …

The estimation of racial disparities in various fields is often hampered by the lack of individual-level racial … Instrumental Regression for Disparity Estimation (BIRDiE), that take BISG probabilities as inputs and produce racial disparity … estimates by using surnames as an instrumental variable for race. Our estimation method is scalable, making it possible to …

econometric performance of regime-switching models for interest rate data from the US, Germany and the UK. There is strong …

States, the United Kingdom, and Germany using the Campbell-Shiller (1991) regressions and a vector …-problem effects is largely consistent with term structure data from the U.S., U.K., and Germany …

-least-squares estimates, the various exchange rates are also estimated as a system using the mixed-estimation procedure which combines the …